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Posted on Sep 02, 2024

Your client placed $ 4 , 3 2 6 in a savings account today that earns an annual interest rate of 3 . 0 7

Your client placed $

4, 326

in a savings account today that earns an annual interest rate of

3.07

percent compounded annually. How much you will have in this account at the end of

6

years? Assume that all interest received at the end of the year is reinvested the next year

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